Deriving optimal promotion strategies to increase the share of RES-E in a dynamic European electricity market

The GREEN-X project lasted 24-months; it was supported by the European Commission under the 5th Framework Programme. The project was officially launched at the Renewable Energy House on the 14th of November 2002. It aimed at the derivation of optimal promotion strategies for increasing the share of RES-E in a dynamic European electricity market. There were 8 work packages, implemented by 9 partners: the Vienna University of Technology (main coordinator), IT Power Ltd (UK), KEMA (NL), Risoe National Laboratory (DK), Consejo Superior de Investigaciones Científicas (ES), Fraunhofer Gesellschaft zur Förderung der Angewandten Forschung e.V. (DE), Wienstrom GmbH (A), Elektrizitätsgesellschaft Laufenburg AG (CH) and EREC. Objectives: The core objective of this proposal was to facilitate a significantly increased RES-E generation in a liberalised electricity market with minimal costs to European citizens. A dynamic Green-X toolbox was developed in order to identify the most important strategies. By disseminating the Green-X toolbox and the results of the project to policy makers and various stakeholders, acceptance of an EU-wide effective promotion system will be improved.